Extending credit to commercial customers can be a win-win situation for your business and your customers. It gives you a chance to build what could be a long-standing and lucrative relationship, and it enables your customer to buy more from you through commercial debt. However, the credit is a form … [Read more...]
The Importance of Credit Applications
Civil Litigation for Commercial Debt
The quest to obtain financial compensation for unpaid commercial debt might require legal action. To be more specific, you need the assistance of a commercial debt collections specialist to pursue civil litigation on your behalf. Your legal action as a plaintiff is filed in the appropriate court, … [Read more...]
What is Commercial Debt?
To get you acclimated to this topic, commercial debt is any debt owed by a business or commercial venture. This debt is used exclusively for business expenses, asset acquisition, and improvements and is ever-present toward the start of most businesses. Commercial debt can accrue to a considerable … [Read more...]
How Process Service Can Help You Collect Commercial Debts
When you’re attempting to collect a debt from a commercial customer, you know that every second counts. After all, the older the debt is, the harder it becomes to collect. When the traditional letters, phone calls, and negotiations fall short, it may be time to consider filing a debt collection … [Read more...]
Your Commercial Debtor Just Went Bankrupt — Can You Still Get The Money You’re Owed?
You’ve spent months chasing down a company that owes you money. Now you hear the dreaded news: Your non-paying customer is filing for bankruptcy. After the time, money, and resources you’ve invested in this customer, you are likely wondering about your options. Some businesses might write off the … [Read more...]
